Licensee Name |
Type of License |
Case No. |
Primary Allegation(s) |
Disposition |
Effective Date |
Bahl, Pradu
Taunton, MA |
Agent |
2455 |
Unfair or deceptive acts or practices in the business of insurance |
Settlement Agreement: License permanently revoked |
3/24/00 |
Biggio, Andrew A. Dallas, TX |
Former Agent and Broker |
2142, 2658 |
Filing false and misleading statement with Division (license application(s)) |
Settlement Agreement: $9,000 fine; may not reapply for licenses for 2 years |
3/3/00 |
Corcoran, Michael J. Randolph, MA |
Former Agent and Broker |
2515A |
Engaging in business of insurance without valid license; writing surplus lines policies without valid license; failure to pay premium tax (as company officer/director) |
Settlement Agreement: Licenses revoked for 10 years |
2/7/00 |
Crowley, Jerome R. Arlington, MA |
Broker |
2786 |
Filing false and misleading statement with Division (license application) |
Settlement Agreement: Cease and Desist |
1/16/00 |
First Indemnity Insurance Agency, Inc. Boston, MA |
Corporate Broker |
2142, 2658 |
Filing false and misleading statement with Division (license application(s)) |
Settlement Agreement: $5,000 fine |
3/3/00 |
Leonard, Bruce R. Framingham, MA |
Broker |
2515A |
Engaging in business of insurance without valid license; writing surplus lines policies without valid license; failure to pay premium tax (as company officer/director) |
Settlement Agreement: $2,000 Fine |
2/7/00 |
Lincoln Benefit Life Company Lincoln, NE |
Life, Accident and Health |
2984B |
Paying commissions to an unlicensed entity |
Settlement Agreement: $9,860 Administrative Assessment |
1/13/00 |
North American Company for Life and Health Insurance Chicago, IL |
Life, Accident and Health |
2984D |
Paying commissions to an unlicensed entity |
Settlement Agreement: $600 Administrative Assessment |
1/11/00 |
PHL Variable Insurance Company Hartford, CT |
Life, Accident and Health |
3159 |
Issuing policies without proper authority |
Settlement Agreement: $12,500 Administrative Assessment |
1/3/00 |
Potomac Insurance Company of Illinois Lisle, IL |
Property and Casualty |
3023A |
Issuing workers compensation policies without required license or authority |
Settlement Agreement: $20,000 Administrative Assessment |
2/17/00 |
Quesnel, Thomas J. South Hadley, MA |
Agent and Broker |
2865 |
Misrepresenting terms of insurance policy; failure to remit premiums; unfair or deceptive acts or practices in the business of insurance |
Settlement Agreement: Licenses revoked for 10 years |
2/16/00 |
Scottsdale Insurance Company Scottsdale, AZ |
Surplus Lines |
2515G |
Paying commissions to an unlicensed entity |
Settlement Agreement: $26,208 Administrative Assessment |
1/19/00 |
Trask, Dale C. Swampscott, MA |
Agent |
2621 |
Filing false and misleading statement with Division (license application); failure to maintain standards required of agent |
Settlement Agreement: License revoked for 5 years |
2/24/00 |
Wolff, Gerald Stoughton, MA |
Agent |
2429 |
False statement(s) relative to application(s) for life insurance; misrepresenting terms of insurance policy; unfair or deceptive acts or practices in the business of insurance |
Settlement Agreement: $2,000 Fine |
3/20/00 |